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Project to develop hotel in downtown Salisbury canceled - WBTV

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In 2010, Downtown Salisbury, Inc., through a series of public meetings, discussions, and with much public input, published the Downtown Master Plan, which advocated for the expansion of the downtown as a diverse, livable residential district. More recently, the UNC School of Government Development Finance Initiative (DFI) provided a report to City Council this week regarding downtown opportunity site selection, and pre-development analysis for two other city-owned parcels. The presentation highlighted the growing popularity of downtown residential living as noted in Salisbury. ­­In 2016, it was announced that DSI and the developer signed a purchase agreement for the property. The group had tentative plans to convert the former hotel into market-rate apartments, in addition to retail space.

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Project to develop hotel in downtown Salisbury canceled - WBTV
"hotel" - Google News
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